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A historic economic crisis has left Americans with plenty of things to worry about. But is inflation one of them? And is there a risk that fretting over higher prices may actually bring them about?
The answers to these questions will help define the timing of the Federal Reserve’s pullback from an unprecedented level of monetary [...]

inflation, Interest rates, US Hide

NEW YORK: Wall Street stocks edged higher on Wednesday after a better-than-expected report on manufacturing activity, indicating that a recovery from recession was on track.
The Dow Jones Industrial Average rose 3.10 points (0.03 percent) to 10,548.51, a day after the blue-chip index fell for the first time in seven sessions that saw new 2009 highs.
The [...]

bonds, dollar, earnings, stock market, US Hide

JUST as Santa checks his list twice to find out who has been naughty or nice, BT has gone through news from 2009’s financial torrent to sieve major events that have shaped the local market – for better or worse.
The effects of rights issues, rule changes, accounting scandals and other events will linger. So let’s [...]

housing, Interest rates, investments, Risk Management, stock market Hide

HOME buyers are being advised to pause a moment before leaping into the purchase of that dream apartment.
The Monetary Authority of Singapore (MAS) yesterday cited two scenarios in which the resurgent private property sector may not stay quite so rosy.
The central bank also flagged possible fresh measures to cool the sector, on top of last [...]

bubble, housing, investments, Risk Management, Singapore Hide

By almost any standard, 2009 has to be considered an historic year – what is sure to be remembered as a year of significant change for investors.
A new president signed into law a massive $787 billion economic stimulus bill, unemployment numbers set record highs, interest rates hit record lows, and all the while the market [...]

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Diminutive expense accounts. Flying coach. The lingering threat of layoffs.
That seems to be the new normal in banking these days. And it’s unlikely to change in 2010.
Faced with a flurry of new regulations out of Washington and sluggish loan activity that’s hurting revenue, lenders are expected to have little choice but to continue tightening their [...]

citi, dollar, Interest rates Hide

Prime Minister Wen Jiabao blasted trade protectionism by China’s trading partners on Sunday and vowed not to yield to pressure to allow the Chinese yuan to appreciate.
In an Internet interview with Xinhua news agency, Wen said he would continue to implement macro-economic policies next year aimed at stimulating growth and fighting the global financial crisis, [...]

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SINGAPORE : Some say gambling is all about luck, but some organisations are not leaving anything to chance, especially when it comes to tackling the issue of problem gambling among youths.
It all started at the age of 13, with a few simple rounds of cards and mahjong. But for “Danny”, a former gambler, it soon [...]

Gambling, gambling addiction, Singapore, youth, youth gamblers Hide

In late October 2007, as the financial markets were starting to come unglued, a Goldman Sachs trader, Jonathan M. Egol, received very good news. At 37, he was named a managing director at the firm.
Mr. Egol, a Princeton graduate, had risen to prominence inside the bank by creating mortgage-related securities, named Abacus, that were at [...]

Abacus, ABX, cdo, Deutsche Bank, goldman, investment banks, morgan stanley, structured products, Tricadia Hide